According to a recently released report from MarketsandMarkets.com, the global antimicrobial plastics market is projected to reach approximately US$3.6 billion by 2020 and register a CAGR of 10% between 2015 and 2020 in terms of value. Antimicrobial plastics are those resins that are infused with antimicrobial agents to reduce or mitigate the growth of micro-organisms such as algae, bacteria, and fungi on plastic products, particularly those used in public settings such as hospitals, restrooms, and other places where germs are of concern.
The U.S. is currently the largest antimicrobial plastics consumer globally but is anticipated to be overtaken by the BRIC countries (Brazil, Russia, India and China) in the near future. Packaging and Healthcare segments are the two major applications of antimicrobial plastics having a major market share in 2014 and is projected to dominate the global market by 2020. This will be primarily due to the growth of innovative ways to inhibit microbial growth on surfaces of plastic products and medical equipment.
Growing awareness of anti-biotic resistant contagions (aka Superbugs) such as MERSA and others have led to a greater demand for ways to proactively prevent these microbes particularly in hospital settings by minimizing contact with these pathogens. Healthcare is the largest application segment, accounting for approximately 44% of the market share in the U.S. in 2013.
A high rate of hospital-acquired infections is projected to boost market growth. The U.S. antimicrobial plastics market is expected to reach US$1,227.4 million by 2020, said another report on this topic from Transparency Market Research. Product innovation is an area of focus of several manufacturers, which is expected to open up new opportunities for market growth.
MicroBlok™ is Plastics Color Corp.’s antimicrobial formulation for polymers that not only impedes the growth of bacteria but greatly reduces stains, odors and product deterioration. Plastic Color’s MicroBlok antimicrobial technologies are engineered into the resins during the compounding process, eliminating the need for secondary steps in the process and helping to reduce costs.
There are several types of antimicrobial additives for polymers that have been tested and proven effective in impeding the growth of microbes. MicroBlok S contains silver ions that dispersed uniformly throughout the polymer matrix, creating an extremely high-efficiency antimicrobial action. MicroBlok can be custom blended in a wide variety of polymer materials including TPU, PC, ABS, PP and PE, and can be custom formulated for molding or extrusion applications, or any special manufacturing process.
Polymer materials with antimicrobial additives from Plastics Color can provide you with that extra level of protection in a wide variety of applications, providing brand owners with the assurance that their products offer the utmost in safety to consumers.